GREENWICH -- The first newly renovated properties at Milbank Court are up for sale.

As of Tuesday, four of the 17 townhouse condominiums located at the intersection of Milbank Avenue and East Elm Street were on the market.

Their sale would mark the completion of a two-year investment into the property by Greenwich-based Aberdeen Realty Group, which in 2012 bought the complex of rental units that then went by the name Milbank Commons.

Since then, Aberdeen has brought in decorators from AKC Interiors and landscape architects from Old Greenwich-based Rutherford Associates to rethink the properties, both inside and out.

"Every one of them now has a finished lower level, whereas before they just had cement basements," BK Bates, a real estate saleswoman for Houlihan Lawrence -- the sales and marketing agent for the complex -- said by way of example.

Bates further noted how each residence has high ceilings, a full downstairs bathroom and private outdoor space.

Indeed, the homes are surrounded by pine trees, bushes and grass lawns.

Overall, they range from 2,665 square feet of space to 3,177 square feet and all have either two or three bedrooms.

They could represent a nice turnaround for Aberdeen. In 2012, the luxury residential investment firm bought the properties for $18 million from Square Mile Capital Management and Ascent Real Estate Advisors. That amounted to just over $1 million per unit, commercial real estate firm CoStar reported after the sale in 2012.

Today, the townhouses are being priced at between $1.865 million and $2.1 million, Bates said.

The development itself was built during the 1990s and '00s, CoStar reported.

There are still some tenants who are renting units there, Bates said. Those homes will be renovated after their leases expire. That process generally takes about 10 weeks, Bates said.

"The location is a dream -- with downtown Greenwich providing the best aspects of both a village and a world-class city," David Haffenreffer, manager of Houlihan Lawrence's Greenwich office, said in a statement.

Haffenreffer added that each home is "unique in character" and offers "thoughtfully-designed interiors and the highest quality of construction."